Senior Accounts
EDC MARINE INTERNATIONAL FZE
Total years of experience :5 years, 3 Months
Cost Accounting
Recording of the all sales invoices & purchase invoices & day to day expenses and year end closing entries of the whole group after getting the data from branches.
To reconcile all the corporate bank accounts (USD & EURO & AED) with the internal books.
To follow up with local receivables & as well overseas customers and coordinate to chase Telegraphic Transfers.
Maintain the Inflow budget in order to organize the payments & expenses in such a way which keeps rotating the working capital cycle.
Financial Accounting
As per company for coming financial requirements seek the most suitable finance providers can be private financial institutions as well banks.
On the requirement of financial providers prepare the documents to submit the case and on the requirement prepare the in house financials & interim reports.
Coordinate with the bank for the capital financing and projects financing, after submission of the financing file liaise and respond to the credit queries till the approval of the case.
Arrange the Trade facilities by coordination with financial insinuations, by providing them all the data to login the case, respond to the credit queries, recommendation and evaluation of the proposals offered by the institutions.
Use of the combination of the TR, LC and LBD portion of the facilities in most effective manner after considering the company cash flow position.
Opening the Import LC for the suppliers by submitting the application to the banks along with list of documents required as per the nature of the project.
Handling the export LC by submitting the documents mentioned in LC and clearing the discrepancies.
Discounting of the export LC and submission of the assignment of
Management Accounting
At the year closing of the accounts and assist external auditors to complete the corporate annual audit.
Strategic & financial evaluation in order to proceed with major legal contracts & projects with government bodies & overseas clients and the part of opening new branches of the company.
To meet the legal authorities regarding the changes in the shareholding as well changes in memorandum & articles of association.
To meet and renewal of the corporate trade license and process the visa of employees as well the cancellation of visa.
Implementation of the new accounting system as well accounting package by maintaining the new chart of accounts, new cost centers, transfer prices inter branch transactions to evaluate the performance of each individual unit.
Payroll Accounting
Management reporting on the projects profit and loss as well department reports to evaluate the department contribution towards organization mission.
Comparisons of sales team actual sales of the month with the targets and report to the management on actual sales, variances and the calculation of the momentary benefits (commission & bonus) to management.
Salary transfers & over time and commissions’ calculation for the staff.
Prepare income statements.
Prepare balance sheets.
Prepare monthly financial statements.
Prepare quarterly reports and report on variances.
Assist with the annual audit.
Maintain the computerized accounting system.
Maintain financial files and records.
Consolidate all company financial statements.
Issue Intercompany Invoices.
Process Employee claim expenses.
Maintain the accounts payable and accounts receivable systems in order to ensure complete and accurate records of all money
Compile and analyze financial information to prepare financial statements ensure financial
Records are maintained in compliance with accepted policies and procedures
Ensure all financial reporting deadlines are met
Prepare financial management reports
Ensure accurate and timely monthly, quarterly and year end close
Monitor and support taxation issues
Financial audit preparation and coordinate the audit process
Ensure accurate and appropriate recording and analysis of revenues and expenses
Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems
To file the tax return files.
Prepare Job Profitability Reports General Accounting Responsibilities.
Prepares asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents.
Maintains accounting controls by preparing and recommending policies and procedures.
Guides accounting clerical staff by coordinating activities and answering questions.
Reconciles financial discrepancies by collecting and analyzing account information.
Secures financial information by completing data base backups.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation, and requesting disbursements.
Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Accomplishes the result by performing the duty.
Contributes to team effort by accomplishing related results as needed.
I joined UHF audit firm to apply and learn the professional knowledge i gained from the AC CA as a trainee i work with clients and i go through the whole accounting cycle of the organization and i vouch the documents as an internal auditor. We calculate deprecation and impairment calculations and check the date recorded with the invoices and vouchers.
After completion of high school i done intermediate in engineering. in 2006 after finishing intermediate i chose management & commerce and i did top in CAT ( certified accounts technician) and got the exemption in ACCA and finished the fundamental level in good marks and in professional level mine last paper i appeared in exam in June 2014 session waiting for the results to be affiliate.